Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
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Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
DSC dismissed the anticipatory bail application in a GST evasion case involving allegations of fraud and willful suppression of facts. Despite interim protection granted to the accused and SC stay on show cause notice proceedings, the court found the accused failed to demonstrate bona fides by not voluntarily approaching the investigating agency after multiple summons and non-bailable warrants were issued. The court noted the accused allegedly instructed employees to withhold information and manage witness statements, constituting impermissible conduct. The accused's failure to cooperate with the investigation and attempts to influence witnesses prevented meeting the requisite threshold for anticipatory bail relief under established legal standards.
DSC dismissed the anticipatory bail application in a GST evasion case involving allegations of fraud and willful suppression of facts. Despite interim protection granted to the accused and SC stay on show cause notice proceedings, the court found the accused failed to demonstrate bona fides by not voluntarily approaching the investigating agency after multiple summons and non-bailable warrants were issued. The court noted the accused allegedly instructed employees to withhold information and manage witness statements, constituting impermissible conduct. The accused's failure to cooperate with the investigation and attempts to influence witnesses prevented meeting the requisite threshold for anticipatory bail relief under established legal standards.
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